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Arthur Hayes on Why Bitcoin Is Money and ETH Is a Shitcoin He Loves - Ep. 587

Unchained

NOTE

The Future of Cryptocurrency

Large banks may eventually create their own digital currency, like JP Morgan coin, which would surpass the need for Tether. This could eliminate trust issues and make Tether obsolete. While centralized crypto companies would no longer dominate, stablecoins would still exist, potentially relying on restaking protocols rather than traditional banking systems.

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